Breadsmith vs My Favorite Muffin Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Breadsmith vs My Favorite Muffin including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$380,250 - $454,750 | $104,500 - $405,000 |
Franchise Fee |
$30,000 | $25,000 |
Royalty Fee |
7% - 5% | 5% |
Advertising Fee |
- | 3% |
Year Founded |
1993 | 1987 |
Year Franchised |
1993 | 1988 |
Term Of Agreement |
15 years | 10 years +10 |
Term Of Agreement |
15 years | 10 years +10 |
Renewal Fee |
$500 | - |
Business Experience Requirements |
Experience |
General business experience Marketing skills helpful but not necessary | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/Yes | -/Yes |
Start-up Costs |
No/Yes | -/- |
Equipment |
No/Yes | -/- |
Inventory |
No/Yes | -/- |
Receivables |
No/Yes | -/- |
Payroll |
No/Yes | -/- |
Training & Support |
Training |
On-The-Job Training: 219.5 hours
Classroom Training: 51 hours
| Our Training Sets Your Business Apart!
Our goal is to help you achieve excellence in every aspect of your business. Towards that ambitious goal, you and your key personnel will receive intensive training that covers all areas of the operation. Our training program, comprised of hands-on learning in our company-owned location and classroom instruction includes:
Day-to-day restaurant operations
Hiring, training, and retaining good employees
Maintaining financial controls
Orientation to your Marketing team that will coordinate your local advertising
Operational training at your location as you open
|
Support |
Purchasing Co-ops
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Franchisee Intranet Platform
| Our Support Sets Your Business Apart!
As a franchisor, BAB Systems, Inc. has always focused heavily on the level of support it provides to its franchisees and the importance of open lines of communication to foster strong franchisee relationships. Franchisees know they can count on us to watch our position within the industry and do what it takes to keep up with ever-changing consumer preferences and innovations in franchise support.
Of course, since the first franchise, technological advancements have changed the face of franchising. Accordingly, as its product offering has evolved, so has its franchise support program, which now includes an exclusive franchise intranet web site.
As a BAB Systems, Inc. franchisee, you'll receive guidance and assistance with the key steps involved in getting your new business up and running. Pre-opening support includes:
Site selection assistance.
Restaurant layout and design.
Coordination with national and regional suppliers.
Equipment, merchandise and services at negotiated rates.
Grand Opening marketing campaign.
Full seasonal marketing strategies, complete with compact disc for local production of advertising and other marketing materials.
E-Mail subscription program, through which participating franchisees are kept informed up to the minute on important breaking news as well as surveyed for their feedback.
A password-protected BAB Franchisee Intranet featuring a download center, on-line sales reporting, resource center and trading post.
The BAB Systems, Inc. franchise program is designed to help franchise owners reach their individual growth potential. Whether you are interested in owning one or several BAB Systems, Inc. stores, we'll work with you to determine the growth options that are right for you. |
Marketing |
Ad Templates
Social media
SEO
Website development
Email marketing | - |
Operations |
10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Average Number of Employees: 3 Full-time, 11 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
No | - |
International Expansion |
No | Yes |
Company Overviews
About Breadsmith
While studying in Norway, college student Dan Sterling got his first taste of European bread. Sterling returned to the United States and graduated from Harvard Business School before starting his own company. But he never lost his love of bread, and after volunteering to help a local bakery with its accounting, he decided to launch a bakery of his own. He opened the first Breadsmith location in 1993, and the company began franchising in 1994.
The total investment necessary to begin operation of a Breadsmith
primary franchise store is $380,250 to $449,750 ($377,250 - $451,750 for
veterans). This includes $100,000 to $115,000 (less $3,000 if you are a
veteran) that must be paid to the franchisor or affiliate.
An
additional investment of $95,500 to $163,500 is necessary if a satellite
location is opened in connection with the primary store. This includes
$5,000 that must be paid to the franchisor or affiliate.
Veteran Incentives 10% off franchise fee
#333 in Franchise 500 for 2020.
#333 in Franchise 500 for 2021.
About My Favorite Muffin
There's More In Store Than Ever Before!
"Our success begins with fresh, made-from-scratch, premium bakery and baked goods...bagels, breads, muffins, and more. And, because the majority of our restaurants are both manufacturing and retail units, we have a streamlined distribution and operating system. Our unique approach in offering fresh, made-from-scratch food to our customers - coupled with a low initial investment level - is a formula for success. Success from scratch that is..."
-- Michael W. Evans
President and Chief Executive Officer
Since 1993, BAB, Inc. has grown into a nationally-known franchisor of a restaurant concept with complementary products, a reasonable investment level, and an inherent competitive advantage as the low-cost producer in our segment.
"We hope you will enjoy browsing our web site for more information about our business, the strength of our franchise organization, specialty holiday and year-round gift-giving opportunities, and investment opportunities. Today and always at BAB...there is more in store than ever before!"
As a MY FAVORITE MUFFIN franchisee, you get to create and sell over 300 varieties of our special muffins in both regular and fat-free varieties. Where applicable, you can add BIG APPLE BAGELS and BREWSTER'S COFFEE to complement your wonderful muffins.
The total initial investment necessary to begin operation of your first
BAB Production Store ranges from $298,000 - $405,000, including $32,500
you must pay the franchisor or its affiliates.
The total initial
investment necessary to begin operation of your first BAB Satellite
Store ranges from $104,250 - $283,000, including $18,000 you must pay
the franchisor or its affiliates.
The total investment necessary to begin operation of your franchised BAB
Area Development business is from $45,000 to $205,000, all of which you
must pay the franchisor. That investment is in addition to the initial
investment for your BAB Store. Under the Area Development Agreement, you
must open a minimum of 2 BAB Stores.